Tocqueville Asset Management L.P. boosted its stake in The Priceline Group Inc. (NASDAQ:PCLN) by 0.6% during the second quarter, according to its most recent filing with the SEC. The firm owned 15,630 shares of the business services provider’s stock after buying an additional 96 shares during the period. Tocqueville Asset Management L.P.’s holdings in The Priceline Group were worth $29,236,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Shine Investment Advisory Services Inc. purchased a new stake in shares of The Priceline Group during the second quarter valued at $105,000. Webster Bank N. A. boosted its stake in shares of The Priceline Group by 24.0% in the first quarter. Webster Bank N. A. now owns 62 shares of the business services provider’s stock valued at $110,000 after buying an additional 12 shares in the last quarter. Assetmark Inc. boosted its stake in shares of The Priceline Group by 12.5% in the first quarter. Assetmark Inc. now owns 63 shares of the business services provider’s stock valued at $112,000 after buying an additional 7 shares in the last quarter. Capital Advisors Ltd. LLC purchased a new stake in shares of The Priceline Group during the second quarter valued at $112,000. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in shares of The Priceline Group during the first quarter valued at $123,000. 94.52% of the stock is currently owned by hedge funds and other institutional investors.

The Priceline Group Inc. (PCLN) opened at 1813.00 on Thursday. The company has a 50-day moving average of $1,936.36 and a 200-day moving average of $1,827.19. The company has a market cap of $88.94 billion, a P/E ratio of 38.51 and a beta of 1.42. The Priceline Group Inc. has a 52-week low of $1,402.67 and a 52-week high of $2,067.99.

The Priceline Group (NASDAQ:PCLN) last posted its quarterly earnings results on Tuesday, August 8th. The business services provider reported $15.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.25 by $0.89. The Priceline Group had a return on equity of 33.10% and a net margin of 20.51%. The firm had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the previous year, the firm earned $13.93 EPS. The Priceline Group’s quarterly revenue was up 18.3% compared to the same quarter last year. On average, equities research analysts expect that The Priceline Group Inc. will post $74.77 earnings per share for the current fiscal year.

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Several analysts have weighed in on the stock. Credit Suisse Group reaffirmed an “outperform” rating and set a $2,070.00 price objective (down from $2,150.00) on shares of The Priceline Group in a research note on Wednesday, August 9th. Needham & Company LLC reaffirmed a “buy” rating on shares of The Priceline Group in a research note on Wednesday, June 21st. MKM Partners reaffirmed a “buy” rating and set a $2,050.00 price objective (up from $2,030.00) on shares of The Priceline Group in a research note on Wednesday, May 17th. UBS AG reissued an “overweight” rating on shares of The Priceline Group in a research note on Thursday, August 24th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $2,100.00 price target on shares of The Priceline Group in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, five have given a hold rating, twenty-seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $1,924.32.

In other The Priceline Group news, CEO Gillian Tans sold 122 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $1,814.00, for a total value of $221,308.00. Following the completion of the transaction, the chief executive officer now owns 6,044 shares of the company’s stock, valued at approximately $10,963,816. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jan L. Docter sold 2,500 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $1,875.90, for a total value of $4,689,750.00. Following the completion of the transaction, the director now directly owns 320 shares of the company’s stock, valued at approximately $600,288. The disclosure for this sale can be found here. In the last three months, insiders sold 2,867 shares of company stock valued at $5,380,180. 0.42% of the stock is owned by insiders.

About The Priceline Group

The Priceline Group Inc is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

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Institutional Ownership by Quarter for The Priceline Group (NASDAQ:PCLN)

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